If he was a credible owner and this was his intention, why wait 2 years ? It does not take that long if you have the money and the willing.

Tripp Smith is a very successful businessman, and has a lot of experience putting together consortium's for takeovers.
It was a surprise that he bought into the club and joined the board, Sullivan would not be the type he would normally join forces with....would you?
He is there for a purpose, hence his near 10 million quid interest free loan has that clause
" to be repaid in full, on change of club ownership"
Again it is not surprising that the club has seemingly been run better since his appointment, with very little interference from the owners. Has the value of the club increased over the last 2 years? I would of thought so, is it a more attractive acquisition than 2 years ago, again I would have to say yes.
Smiths job is to do just this.
Will there be a takeover for the club in the very near future, maybe not, but whatever happens it will certainly be Smith that will be the main instigator if and when the club is sold.

If he was a credible owner and this was his intention, why wait 2 years ? It does not take that long if you have the money and the willing.

Tripp Smith is a very successful businessman, and has a lot of experience putting together consortium's for takeovers.
It was a surprise that he bought into the club and joined the board, Sullivan would not be the type he would normally join forces with....would you?
He is there for a purpose, hence his near 10 million quid interest free loan has that clause
" to be repaid in full, on change of club ownership"
Again it is not surprising that the club has seemingly been run better since his appointment, with very little interference from the owners. Has the value of the club increased over the last 2 years? I would of thought so, is it a more attractive acquisition than 2 years ago, again I would have to say yes.
Smiths job is to do just this.
Will there be a takeover for the club in the very near future, maybe not, but whatever happens it will certainly be Smith that will be the main instigator if and when the club is sold.

There is a reason why he is rich.

I think he has bought into it to see his initial stake grow. As long as clubs stay in the PL, they are guaranteed to grow in value while the TV deal keeps getting re-signed. Its actually a sound investment until the TV bubble finally bursts and the money he paid in is quite nominal for him so even if it did, he will have taken out double in the meantime.

If he had wanted to buy the club, he is rich enough to have completed that in a heartbeat but that would be more risky and I guess he is on a cash cow at the moment.

Tripp Smith is a very successful businessman, and has a lot of experience putting together consortium's for takeovers.
It was a surprise that he bought into the club and joined the board, Sullivan would not be the type he would normally join forces with....would you?
He is there for a purpose, hence his near 10 million quid interest free loan has that clause
" to be repaid in full, on change of club ownership"
Again it is not surprising that the club has seemingly been run better since his appointment, with very little interference from the owners. Has the value of the club increased over the last 2 years? I would of thought so, is it a more attractive acquisition than 2 years ago, again I would have to say yes.
Smiths job is to do just this.
Will there be a takeover for the club in the very near future, maybe not, but whatever happens it will certainly be Smith that will be the main instigator if and when the club is sold.

There is a reason why he is rich.

I think he has bought into it to see his initial stake grow. As long as clubs stay in the PL, they are guaranteed to grow in value while the TV deal keeps getting re-signed. Its actually a sound investment until the TV bubble finally bursts and the money he paid in is quite nominal for him so even if it did, he will have taken out double in the meantime.

If he had wanted to buy the club, he is rich enough to have completed that in a heartbeat but that would be more risky and I guess he is on a cash cow at the moment.

What he’s invested is peanuts to him and/or those he’s representing. There are many other ventures of which he’s far more familiar that would yield far more ROI than this football club so I don’t believe he’s invested just to make a few quid.
It’s just too small.

As Andy said.... it doesn’t mean that he WILL be involved in a take over but there are (imo) certainly more motives than just making a few bob. Perhaps he’s prospecting and will make a decision at some point and if it’s not attractive enough or they can’t agree on certain terms then he’ll pull out.

We all know Sullivan is tighter than a gnats snatch. Not a fucking chance he sells anything before the % to the authorities clause expires. No chance, none, nada.
Any talk of takeovers before that date is within spitting distance is utter fucking cobblers.

I understand your pessimism but this is happening.

The consortium that is taking over is filthy rich with the aim to compete with the big boys and make us one of the big boys.

When does that % clause expire? This would be the biggest clue as to when the dwarf might sell, allowing enough time to develop a clause to insure jr dwarf have a big role in the future venture no doubt!

I think he has bought into it to see his initial stake grow. As long as clubs stay in the PL, they are guaranteed to grow in value while the TV deal keeps getting re-signed. Its actually a sound investment until the TV bubble finally bursts and the money he paid in is quite nominal for him so even if it did, he will have taken out double in the meantime.

If he had wanted to buy the club, he is rich enough to have completed that in a heartbeat but that would be more risky and I guess he is on a cash cow at the moment.

What he’s invested is peanuts to him and/or those he’s representing. There are many other ventures of which he’s far more familiar that would yield far more ROI than this football club so I don’t believe he’s invested just to make a few quid.
It’s just too small.

As Andy said.... it doesn’t mean that he WILL be involved in a take over but there are (imo) certainly more motives than just making a few bob. Perhaps he’s prospecting and will make a decision at some point and if it’s not attractive enough or they can’t agree on certain terms then he’ll pull out.

I don't know, mate. When G&S made their initial investment the club was valued at around £120m, according to forbes the club is currently valued at $616m.
Now even though that down from a high of $754m, it still represents a 300% return on investment over a decade. That said, there is a difference between an objective valuation and how much someone is actually willing to pay.

0 x

Communism deprives no man of the power to appropriate the products of society; all that it does is to deprive him of the power to subjugate the labour of others by means of such appropriations.

Tripp Smith is a very successful businessman, and has a lot of experience putting together consortium's for takeovers.
It was a surprise that he bought into the club and joined the board, Sullivan would not be the type he would normally join forces with....would you?
He is there for a purpose, hence his near 10 million quid interest free loan has that clause
" to be repaid in full, on change of club ownership"
Again it is not surprising that the club has seemingly been run better since his appointment, with very little interference from the owners. Has the value of the club increased over the last 2 years? I would of thought so, is it a more attractive acquisition than 2 years ago, again I would have to say yes.
Smiths job is to do just this.
Will there be a takeover for the club in the very near future, maybe not, but whatever happens it will certainly be Smith that will be the main instigator if and when the club is sold.

There is a reason why he is rich.

I think he has bought into it to see his initial stake grow. As long as clubs stay in the PL, they are guaranteed to grow in value while the TV deal keeps getting re-signed. Its actually a sound investment until the TV bubble finally bursts and the money he paid in is quite nominal for him so even if it did, he will have taken out double in the meantime.

If he had wanted to buy the club, he is rich enough to have completed that in a heartbeat but that would be more risky and I guess he is on a cash cow at the moment.